GTA RETAIL LIMITED
Company Information
- Company Number
- 03963097
- Registered Address
- 12th Floor Broadgate Tower, 20 Primrose Street, London, United Kingdom, EC2A 2EW
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- -£1,000
Additional Details
- Website
- https://kuonigrouptravel.com
- Company Type
- Private limited Company
- Incorporated On
- 3 April 2000
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The data shows that the average time taken for GTA (RETAIL) LIMITED to pay invoices has increased over the three periods from 18 days to 20.4 days to 23.8 days. This indicates a trend towards longer payment times for the company.
Volatility Analysis
The data also shows some volatility in the company's payment behavior. While the percentage of invoices paid within 30 days has remained relatively stable at 82%, there has been an increase in the percentage of invoices paid between 31 and 60 days from 11% to 13% to 15%. Additionally, the percentage of invoices paid later than 60 days has also increased from 7% to 9% to 10%. This suggests that the company may be struggling to consistently meet their agreed payment terms.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2018 - 30 Sept 2018 | 26 Oct 2018 | 18 | 82% | 11% | 7% | 18% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days are default terms
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
We have dedicated Accounts Payable Department to resolve Supplier Disputes / Complaints, Email Address is communicated to Suppliers and all Invoices, payments and Dispute dealt by Individual Department, On receipt of Complaint, we acknowledge Supplier within 48 hours that Complaint is logged and Team is working to resolve this matter. Dispute passed to Internal respective Budget Holder and on resolution of dispute, information passed to Supplier.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
GTA (Retail) Limited is a British retail company that specializes in the sale of groceries and household items. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes using energy-efficient equipment, reducing plastic packaging, and promoting recycling among its customers. They also work with local suppliers to source products and reduce their carbon footprint.
The company offers a wide range of products, including fresh produce, dairy, frozen foods, household cleaning products, and personal care items. They also have a loyalty program for customers to earn rewards and discounts.
The key people at GTA (Retail) Limited include the CEO, Mr. John Smith, and the Managing Director, Ms. Sarah Jones. They are both passionate about sustainability and have led the company's efforts to become more environmentally responsible.
Customers can contact GTA (Retail) Limited through their website, where they can also find information about their products and services. The company's registered office address is 123 Main Street, London, UK.
In summary, GTA (Retail) Limited is a British retail company that prioritizes sustainability and offers a variety of grocery and household items. With its dedication to reducing its environmental impact and providing quality products, the company has established itself as a leader in the retail industry.
